This investment vehicle operates as a "fund of funds," adopting a passive, index-based approach. Its primary goal is to replicate the performance of a specific benchmark index. This index is constructed from a curated selection of exchange-traded funds (ETFs)—referred to as "Underlying ETFs"—which provide broad exposure to significant U.S. and international asset classes. To achieve its objective, the fund's advisor aims to allocate almost all of its capital directly into the very same securities that comprise this underlying index.